Coinbase Will No Longer Launch Its Crypto Lending Product Thanks to SEC  

Coinbase today announced that it will not be launching the USDC APY product as previously planned. The program, which is proposed to help customers earn interest on USD Coin (USDC), with rates greater than 50x the national average of a traditional savings account and guaranteed peace of mind while they earn interest, will unfortunately not go live.

https://coinfomania.com/coinbase-will-not-launch-crypto-lending-product/